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Dec 20, 2012
12/12
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china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it, michelle. thanks for trying to give me a straight answer. i'm sitting in the same chair i sit at in the morning. the big report on what happened in benghazi came out late last night and it seemed to go to great luns. >> they were mid level, right? >> yrks joe, they took the fall. from my information, i want to emphasize bend has been ongoing information. this state did and right now the people leaving the state department are victims of the government's need to cover up the larger story, that the security at the benghazi mission and it was a with the cia was about recruiting, arming, funding and transferring artists to
china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it,...
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Jul 6, 2012
07/12
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big exposure to china. from a technical standpoint that chart really looks like ge is going to take a hit. that's one that i would be looking to take profits in at this point. you can always buy it back. one point that comes to mind, even if china's gdp slows to 8% still phenomenal. what we are having is the removal of a tail wind. we have brick nations that were propping up, a weak u.s., a weak europe. at best it's a neutral. even though it's growth it will be taking away as we are obviously talking about it from the global economy but in a bigger way. i don't think you can look at it in an isolated way. look at it overall wholistically. it's a neutral at best but it will be a headwind. q two, three and maybe four. >> if people are looking on china and emerging markets to bail out the economy it won't happen. ge's energy infrastructure is one of the i would go with apple. >> despite the fake apple stores? >> that tells you how successful the brand is there. i was a skeptic saying they would be priced out o
big exposure to china. from a technical standpoint that chart really looks like ge is going to take a hit. that's one that i would be looking to take profits in at this point. you can always buy it back. one point that comes to mind, even if china's gdp slows to 8% still phenomenal. what we are having is the removal of a tail wind. we have brick nations that were propping up, a weak u.s., a weak europe. at best it's a neutral. even though it's growth it will be taking away as we are obviously...
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Jul 23, 2012
07/12
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not from china. china's gone back to their communist central planning subsidization roots. i don't like it. the ceo of hedgeeye risk management, welcome back. kpoo keith, i hate to be bearish. maybe there is a pony in all this manure but there is nothing i like to see. i see lousy economies, lousy policies and lousy markets. give me the glimmer of hope. >> i'm not the one to give you that now. we have three huge problems. growth, jobs and the cliff. i think the glimmer of hope could come from romney getting the message tighter. to be frank at the end of the day i think he needs to simplify the complex. the reality is the democrats and barack obama and all of his cronies across the keynesian construct are going to obfuscate the truth. growth is slowing. jobs are nonexistence and the cliff is quickly approaching a debt ceiling converging alongside it. if you want to get more bearish i can give you that. >> i don't want to lose the market. did you hear the romney interview? he had five points. i don't know, keith, if he has that growth message. you know, the really big growth
not from china. china's gone back to their communist central planning subsidization roots. i don't like it. the ceo of hedgeeye risk management, welcome back. kpoo keith, i hate to be bearish. maybe there is a pony in all this manure but there is nothing i like to see. i see lousy economies, lousy policies and lousy markets. give me the glimmer of hope. >> i'm not the one to give you that now. we have three huge problems. growth, jobs and the cliff. i think the glimmer of hope could come...
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Jul 13, 2012
07/12
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and it's all china. it's not india. it's not the other regions. it's really almost all china. they do have presence in other countries. i like a company like domino's pizza. i any they have a great inward focus going to india and other markets in asia as well. >> rich, i understand you think this pullback is actually an outstanding buying opportunity so, you beg to differ with ron. >> that's exactly it. look, mandy, the problem with the strategy of waiting for a pullback in high conviction names like this is when you get that pullback you don't trade the pullback, you don't want it because things look so ugly. the reality is with the stk down 18% from an all-time high -- >> it's still expensive. 18% down it's still expensive. i think -- you know, the u.s. is a real bad overhang for the company. i'm concerned with that. >> what is interesting to me is rich is pretty bullish about at least the environment for riskier assets. i think yum has been a defensive trade for people who wanted to get that growth but didn't want to stray into cyclicals. we'll see. when i look at nike, ano
and it's all china. it's not india. it's not the other regions. it's really almost all china. they do have presence in other countries. i like a company like domino's pizza. i any they have a great inward focus going to india and other markets in asia as well. >> rich, i understand you think this pullback is actually an outstanding buying opportunity so, you beg to differ with ron. >> that's exactly it. look, mandy, the problem with the strategy of waiting for a pullback in high...
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Apr 17, 2012
04/12
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china is the next big worry. >> i'm bored with spain. give me something here in the united states. >> you can take every ugly thing -- every ugly thing and realize we can't get too far to the down side, because everyone knows qe 3 could be waiting in the wings, and central banks around the world are you cutting. >> qe 3 is not waiting in the wings next week and inflation is a bigger issue. >> 2.7% cpi, running ahead of wages which may box the fed in. a great point. >> clearly appears to. between the minutes, beige book, a number of speeches, they are not in a position to precommit to any energy policy and push past june. remember how the markets reacted on the back side of qe 1, qe 2. very sharp sell-offs. >> the fed wants to wait until it's forced. >> mitt romney in the interview said the fed should not do qe 3. art hog an, let me ask you, for what it's worth, this an old-fashioned slog. no fed, no sugar high from the fed. no additional sugar high from the fed. an old fashioned slog based on profits if i'm wrong about profits, i'll be w
china is the next big worry. >> i'm bored with spain. give me something here in the united states. >> you can take every ugly thing -- every ugly thing and realize we can't get too far to the down side, because everyone knows qe 3 could be waiting in the wings, and central banks around the world are you cutting. >> qe 3 is not waiting in the wings next week and inflation is a bigger issue. >> 2.7% cpi, running ahead of wages which may box the fed in. a great point....
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Jun 19, 2012
06/12
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you know, it just -- >> china is actually adopting, gets 11% of their energy now from nonfossil fuels. >> do you think we're going to slow the growth of fossil fuels significantly? >> we can if we invest in it. >> do you think we will? >>> look at germany. the lowest employment in the last 20 years because of investment in solar and wind energy. those are facts, not just what you've heard from the other side. >> we've settled this. no, not really. up next, markets hate uncertainty. so do investors. unfortunately, it's a fact of life right now. there's a lot of it swirling about. may not matter when the big tidal wave comes over. relax. we've got the experts with the plans on how to make money right now. [ male announcer ] we imagined a vehicle that could adapt to changing road conditions. one that continually monitors and corrects for wheel slip. we imagined a vehicle that can increase emergency braking power when you need it most. and we imagined it looking like nothing else on the road today. then...we built it. the 2012 glk. see your authorized mercedes-benz dealer for exceptional
you know, it just -- >> china is actually adopting, gets 11% of their energy now from nonfossil fuels. >> do you think we're going to slow the growth of fossil fuels significantly? >> we can if we invest in it. >> do you think we will? >>> look at germany. the lowest employment in the last 20 years because of investment in solar and wind energy. those are facts, not just what you've heard from the other side. >> we've settled this. no, not really. up next,...
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Feb 18, 2012
02/12
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china, put on an air of freedom, look what they've done. we are still the freest large country in the world but moving in the wrong direction. look how it is crippling our growth. putting ourselves at risk at being marginalized not just against asia but europe, for goodness sakes. >> the nerd talk. okay. >> it's steve cortez. question. i disagree. i think the only place to invest right now is the united states. i agree with you in terms of your article in that, yes, europe is tinkering at the margins, but they still have systemic problems particularly in the periphery, even in germany keeping them from growing. my question to you would be -- >> germany had better growth than the united states over the last five years. starting from a false premise. >> didn't last year. over five years. not last year. the last quarter, entire eurozone declined. more important that gdp data, financial markets. >> the cycle lasted, germany peaked later, trough the earlier, has had more growth since the bottom, went to peak output sooner. >> my question -- >> u
china, put on an air of freedom, look what they've done. we are still the freest large country in the world but moving in the wrong direction. look how it is crippling our growth. putting ourselves at risk at being marginalized not just against asia but europe, for goodness sakes. >> the nerd talk. okay. >> it's steve cortez. question. i disagree. i think the only place to invest right now is the united states. i agree with you in terms of your article in that, yes, europe is...
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May 23, 2012
05/12
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engineering, if they're not american born, the company will still hire them but they'll hire them back in china or india and all the ancillary jobs go with them. doesn't make sense. >> senator moran, you're the republican here. tell me this -- we have an unemployment rate among college graduates in america that's almost 50% right now and we're going to hand their jobs to foreign students? >> absolutely not. the goal here, i think the reality will be that we need those individuals who have ph.ds in engineering and science and computers to create jobs here to be employed here, to create an entrepreneurial environment in which we hire americans. 60% of the -- those who received advance degrees in scenes and mathematics foreigners. one out of every five u.s. students study science, math and engineering. we have a huge gap. we've got to do something in our own educational system. the reality is if these individuals take their degrees, their ph.d in computer science and take it outside the country, not only do we lose that one job but likelihood is those are the people who are going to be entrepreneu
engineering, if they're not american born, the company will still hire them but they'll hire them back in china or india and all the ancillary jobs go with them. doesn't make sense. >> senator moran, you're the republican here. tell me this -- we have an unemployment rate among college graduates in america that's almost 50% right now and we're going to hand their jobs to foreign students? >> absolutely not. the goal here, i think the reality will be that we need those individuals...
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Sep 5, 2012
09/12
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. >> it seems like europe, the united states and china are all on the cusp of recession. it seems like it. >> they are doing terribly. you see it with manufacturing numbers in particular have been terrible. >> in all three areas. >> you started to see the credit default swaps. that level is higher than it was. they perceive more risk with corporate bonds. >> some positives. auto sales are good. housing, certainly coming off the bottom a little bit. consumer income and spending, not so much. >> you see things where interest rates have a huge impact. they are extremely low. we have seen positive bumps there. in terms of hiring, we now have almost one in seven americans on food stamps. that's not where you should be in the third year of recovery. >> you are also a sports expert with your great show on the yes network. the football season kicks off tonight. my giants host the dallas cowboys. which team is worth the most? >> cowboys, easy. $2.1 billion, worth more than any toeam in the u.s. jones is a marketing genius. the cowboys get $80 million in stadium sponsorship revenue
. >> it seems like europe, the united states and china are all on the cusp of recession. it seems like it. >> they are doing terribly. you see it with manufacturing numbers in particular have been terrible. >> in all three areas. >> you started to see the credit default swaps. that level is higher than it was. they perceive more risk with corporate bonds. >> some positives. auto sales are good. housing, certainly coming off the bottom a little bit. consumer income...
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Aug 24, 2012
08/12
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we won't be able to export to china. we'll have slower growth as will china. i'm worried about this global deceleration. first the u.s. and europe. china, australia, canada, russia, brazil. if you look at brazil which was a miracle two years ago the gdp chart is a downhill slope now. >> so the stock market in china has been flagging this for a long time. in a terrible bear market. and they have really stopped exporting. i'm looking at stocks, exports, at the reports from the new york times. this guy bradsher is a hell of a reporter. this cannot have a happy ending. >> the other shoe to drop is the real estate bubble. i don't know if you saw the clip on the real estate bubble in vietnam and they started locking up the rich people. they have the same thing going on in china in the residential and commercial market. we'll see the real estate bubble collapse. it will be much worse than here because it was such a cowboy revolution over there in the housing market. >> we'll leave it there. good luck, peter. >> thanks. >> good luck on the premiere of the movie. up ne
we won't be able to export to china. we'll have slower growth as will china. i'm worried about this global deceleration. first the u.s. and europe. china, australia, canada, russia, brazil. if you look at brazil which was a miracle two years ago the gdp chart is a downhill slope now. >> so the stock market in china has been flagging this for a long time. in a terrible bear market. and they have really stopped exporting. i'm looking at stocks, exports, at the reports from the new york...
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Apr 19, 2012
04/12
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not only that, you can buy some asia, look at china. this is an economy that monetary policy is working. their loans shot up, credit's getting out into the system. you can buy china the way i like to play to the caf, which is the shares, an etf that trades the a shares in china, you get exposure to the domestic chinese economy. >> do you stay with the growth cyclicals? do you play the economy? do you play the election? what do you think? >> yeah, i actually would play the economy regional banks. kre, and again, you get the regional banks that are out there doing the lending -- >> making loans -- >> banks are making loans, they -- they are making money. i mean we've even seen it from the big money center banks that are making money. and if the economy -- nobody seems to believe it -- >> even if vikram pandit is not -- >> is there anything wrong with that? anything wrong with that? >> they're the ones that own the company, they're the ones that set the rules. >> that's right. >> i don't know if you get the best talent that way. but for ri
not only that, you can buy some asia, look at china. this is an economy that monetary policy is working. their loans shot up, credit's getting out into the system. you can buy china the way i like to play to the caf, which is the shares, an etf that trades the a shares in china, you get exposure to the domestic chinese economy. >> do you stay with the growth cyclicals? do you play the economy? do you play the election? what do you think? >> yeah, i actually would play the economy...
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Oct 19, 2012
10/12
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i see china continuing to worsen. you can't believe their numbers, but if you look under the numbers you'll see they're all eroding. if you look at what companies tell us, they're all eroding. and buying, they have been stimulating. fixed asset investments up 22% year over year. that's mind-boggling. you look at europe, austerity's going to hurt. 2013's going to be a year to go away from europe. you've had big gains there and stay with the u.s. so i see one economy, the biggest economy in the world, improving. if romney gets in, i think then we go into hyperdrive in the u.s. because it's still got to be jobs led and we don't have those jobs. >> what's your favorite investment right now, steve weiss? >> my favorite investment, my newest investment is i bought j & j. they have a new ceo. i think it's been mismanaged for last decade or so. the guy with the previous guy was on an acquisition tear every day of the year basically. now we're going to unlock the value. they came out with a great quarter. it's got about a 3.6
i see china continuing to worsen. you can't believe their numbers, but if you look under the numbers you'll see they're all eroding. if you look at what companies tell us, they're all eroding. and buying, they have been stimulating. fixed asset investments up 22% year over year. that's mind-boggling. you look at europe, austerity's going to hurt. 2013's going to be a year to go away from europe. you've had big gains there and stay with the u.s. so i see one economy, the biggest economy in the...
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Jun 26, 2012
06/12
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also tonight, we've always been worried about red china rising. what about red china falling? we have one of the leading china experts who says their economy is much worse than we think. and that adds a more difficult threat on what it spells for the world economy. and then we've got two ace investors. they're going to tell us how to play it. i'll see if you can make a buck on red china falling. but first up, a new report says the democrats are flat out of cash in north carolina. and they're cancelling one of their premier convention kickoff events as a result day one of the dnc convention has already been cancelled. doesn't sound like much of a convention. ain't much of a good sign. just a couple of weeks left until those greek fill lars come back. you remember that. here now, the latest, wait a minute, they canceled the speedway and also canceled the first or second day? it's shorter convention and there isn't going to be a speed yea? i know the democrats have bankrupted the country. i didn't know they bankrupted their whole party. >> four years ago, corporations gave $33 mi
also tonight, we've always been worried about red china rising. what about red china falling? we have one of the leading china experts who says their economy is much worse than we think. and that adds a more difficult threat on what it spells for the world economy. and then we've got two ace investors. they're going to tell us how to play it. i'll see if you can make a buck on red china falling. but first up, a new report says the democrats are flat out of cash in north carolina. and they're...
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Apr 12, 2012
04/12
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china loans and money supply growing rapidly. u.s. cni loan, business loans, almost 20% year-on-year rate, stuff that nobody expected and beige book from the fed pretty good. are things better than people suspect? and is that what the stock market might be telling us now? >> i think they are. any time you go from 20 miles an hour to 40 miles an hour, we all want to see things grow faster and we'd like to see a healthier economy but corporate america looks very strong. just going back to the question of exports, i look at a company like coach. it's an incredibly well-run business, very reputable, their asian opportunity is huge. there are some great u.s. companies to invest in. they've been great to invest in in the last five, ten years as well but now is a very attractive time. >> anything beside coach? it's a good thought, coach. >> sure? can i have ten minutes? >> give me a couple. >> chipolte is a tremendous business. we began recommending it in 2008 before the market collapse. that stock has gone from 40 to 433 over the last four
china loans and money supply growing rapidly. u.s. cni loan, business loans, almost 20% year-on-year rate, stuff that nobody expected and beige book from the fed pretty good. are things better than people suspect? and is that what the stock market might be telling us now? >> i think they are. any time you go from 20 miles an hour to 40 miles an hour, we all want to see things grow faster and we'd like to see a healthier economy but corporate america looks very strong. just going back to...
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May 10, 2012
05/12
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what are you looking at in ch a china? >> generally our thesis is that the u.s., europe, japan goes without saying are stuck in the slow-growth environment. so we generally like the emerging markets, we see better growth prospects there. you can buy these markets now at a significant discount. any time in the past 20 years, you've been able to buy stock down 20% or more from a valuation perspective. one other thing. there was a silver lining for merging markets the slow-growth world. and that is lower inflation. a big head wind for 2011. as inflation falls in brazil. these are countries that have been traumatized in the past. investors bid up the multiples. china, brazil, very cheap, a lot of room for multiple expansion if these countries, engineer soft landing. >> with all due respect, though, you're looking at china. i don't know why we want to send u.s. investors to places that are politically unstable and we don't have transparency. when you have something as simple as japan, which is cheap, and 100-year recession. >>
what are you looking at in ch a china? >> generally our thesis is that the u.s., europe, japan goes without saying are stuck in the slow-growth environment. so we generally like the emerging markets, we see better growth prospects there. you can buy these markets now at a significant discount. any time in the past 20 years, you've been able to buy stock down 20% or more from a valuation perspective. one other thing. there was a silver lining for merging markets the slow-growth world. and...
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Apr 9, 2012
04/12
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rather than china. >> thank you very much. bertha coombs. >>> next up on "kudlow," a new video just released shows out of control federal workers wasting close to $1 million in an over the top las vegas conference. at the conference, mind readers, a comedian, and a clown. what was needed was some common sense and frugality. now, congress is up in arms, we're going to show you the video of our tax dollars hard at work next up on "kudlow." this at&t 4g network is fast. hey, heard any updates on the game? i think it's final seconds, ohh, down by two, shoots a three, game over. so two seconds ago... hey mr. and mrs. harris, where's kevin? say hi kevin. hi. mom, put me down. put...the phone...down. hey guys. did you hear... the choys had their baby? so 29 seconds ago. well we should get them a gift. [ choys ] thanks for the gift! [ amy and rob ] you're welcome! you're welcome! [ male announcer ] get it fast with at&t. the nation's largest 4g network. at&t. ♪ how math and science kind of makes the world work. in high school, i had
rather than china. >> thank you very much. bertha coombs. >>> next up on "kudlow," a new video just released shows out of control federal workers wasting close to $1 million in an over the top las vegas conference. at the conference, mind readers, a comedian, and a clown. what was needed was some common sense and frugality. now, congress is up in arms, we're going to show you the video of our tax dollars hard at work next up on "kudlow." this at&t 4g...
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Dec 19, 2012
12/12
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so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but t
so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if...
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Sep 24, 2012
09/12
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in this half hour, what is going on in china? factory workers in full revolt against their bosses, the communist government and the u.s., where is all this going? plus, did you see those left-wing liberals at the emmys making fun of conservatives and republicans? janine turner will help me expose how two abc shows are shilling for obama care. i'm shocked. but first up, more tax cuts. more take-home pay. more jobs. that's mitt romney's new motto as he and president obama battle it out for the middle class vote. overall the race is tight with national polls right inside the margin, but in the latest politico/george washington university battleground poll, a highly respected poll, romney has a clear lead with a double-digit 14-point advantage over president obama among middle class families. seems like something is working. here to talk about is a democratic pollster and charlie black who is an informal romney adviser. charlie black, you've been an informal adviser to everybody on the planet, including yours truly. >> even to you, l
in this half hour, what is going on in china? factory workers in full revolt against their bosses, the communist government and the u.s., where is all this going? plus, did you see those left-wing liberals at the emmys making fun of conservatives and republicans? janine turner will help me expose how two abc shows are shilling for obama care. i'm shocked. but first up, more tax cuts. more take-home pay. more jobs. that's mitt romney's new motto as he and president obama battle it out for the...
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Apr 23, 2012
04/12
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actually, i think china's coming in great. i happen to think china's more important that europe. i think it's way more important that europe. i think the ecb bails out all the european stuff. holland's going to come back, they'll have a new government. we'll see who wins in france. i'm not sure there's a big difference, we've got the mist from france coming on in a moment. >> the market has to start believing what you just said. as long as the international financial system to some degree goes through europe, and it doesn't really go through china, because china's currency keeps that wall, with you know, you're going to have european panics that have more effect on equities and bonds than china strength. and that's just, i think, a reality that we're living in. the china strength is going to have much more effect on corporate earnings. >> i agree. i've got to get here. phil orlando, i'll give you the last word. what if jobs do poorly again in april, reported in, what, two weeks, and early may? >> they're going to. it's going to be a sub-200k number based upon the fact that the su
actually, i think china's coming in great. i happen to think china's more important that europe. i think it's way more important that europe. i think the ecb bails out all the european stuff. holland's going to come back, they'll have a new government. we'll see who wins in france. i'm not sure there's a big difference, we've got the mist from france coming on in a moment. >> the market has to start believing what you just said. as long as the international financial system to some degree...
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Dec 7, 2012
12/12
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of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a
of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions...
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Feb 23, 2012
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moving from china west. and manufacturing is coming home, partly because of the wage rise in china. 70% annualized. and 30% for unskilled. the whole wage differential is narrowing and changing the location of production, so i think, yeah, personally, i think inflation is a real issue. i'm not saying there is no deoperation arouplagoperation d but i'm seeing ways which one could capture inflation risks. >> and whether it's gold, silver, commodities, or energy, there's a strategy right there. >>> coming up, is president obama responsible for the high oil and retail gas prices? 93% up in gas since elected. we'll have a heated debate. when we come back. heartbeat, and that it put me at 5-times greater risk of a stroke. i was worried. i worried about my wife, and my family. bill has the most common type of atrial fibrillation, or afib. it's not caused by a heart valve problem. he was taking warfarin, but i've put him on pradaxa instead. in a clinical trial, pradaxa 150 mgs reduced stroke risk 35% more than warfar
moving from china west. and manufacturing is coming home, partly because of the wage rise in china. 70% annualized. and 30% for unskilled. the whole wage differential is narrowing and changing the location of production, so i think, yeah, personally, i think inflation is a real issue. i'm not saying there is no deoperation arouplagoperation d but i'm seeing ways which one could capture inflation risks. >> and whether it's gold, silver, commodities, or energy, there's a strategy right...
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Feb 15, 2012
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china's money supply increased 15%. >> you should be bullish on stocks. >> china is running rings around us, larry. commodity prices are going to go up because of all of china's infrastructure. >> i think canada is going to -- >> that's because they're not killing their currency. >> brian thank you so much. the fed has okayed a merge are of two big banks, may become the nation's fifth largest banks when all is said and done. please stay with us. hello, how can i deliver world-class service for you today ? we gave people right off the street a script and had them read it. no, sorry, i can't help you with that. i'm not authorized to access that transaction. that's not in our policy. i will transfer you now. my supervisor is currently not available. would you like to hold ? that department is currently closed. have i helped you with everything you needed ? if your bank doesn't give you knowledgeable customer service 24/7, you need an ally. ally bank. no nonsense. just people sense. . >>> we have breaking news about the merger of two big banks. jonathan joins us with the latest. good evening
china's money supply increased 15%. >> you should be bullish on stocks. >> china is running rings around us, larry. commodity prices are going to go up because of all of china's infrastructure. >> i think canada is going to -- >> that's because they're not killing their currency. >> brian thank you so much. the fed has okayed a merge are of two big banks, may become the nation's fifth largest banks when all is said and done. please stay with us. hello, how can i...
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Jun 1, 2012
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disappointing jobs, downbeat data from china and europe. but the dow gives up all its gains for the year. i'm sorry about that. but when the carnage looks the worst, sometimes that's when investors should think about coming in. to the victor comes the spoils. let's be risk takers. because don't forget, free market capitalism is the best path to prosperity, and that includes risk taking. i'm larry kudlow. we'll be right back. let's have keystone, for goodness sakes. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve ty, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. what happens when classroom teachers get the training... ...and support they need? schools flourish and students blossom. that's why programs like... ...the mickelson exxonmobil teachers academy
disappointing jobs, downbeat data from china and europe. but the dow gives up all its gains for the year. i'm sorry about that. but when the carnage looks the worst, sometimes that's when investors should think about coming in. to the victor comes the spoils. let's be risk takers. because don't forget, free market capitalism is the best path to prosperity, and that includes risk taking. i'm larry kudlow. we'll be right back. let's have keystone, for goodness sakes. mine was earned off vietnam...
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Mar 20, 2012
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we've become poorer. >> china does not help commodities if china is soft. are you betting that china is going to come back faster? >> yeah, i think china is going to come back 6%, 7% growth. i think china is a growth story. i don't think they're about going to hell in a hand basket. >> can i make a pitch for japan. nobody wants japan except japan is up 20% year-to-date. >> it is, but -- >> it is in a recovery. >> the demographics are terrible. they're coming off what was a natural disaster low. let me take the other side of china and commodities. i think -- i wouldn't touch commodities. i'm short some commodities. gold to me is an emotional trade. you can't even figure out how to value it. nobody i go to can figure out how to value it. what's the fear level? >> gold has built in like a 50% inflation rate. >> yeah. >> we've been correcting. is gold going to continue to correct? >> i think it will because a lot of people got in late looking for gold 3,000, gold 4,000. we've seen this before. it's the housing bubble. i think gold comes down. i think steel cont
we've become poorer. >> china does not help commodities if china is soft. are you betting that china is going to come back faster? >> yeah, i think china is going to come back 6%, 7% growth. i think china is a growth story. i don't think they're about going to hell in a hand basket. >> can i make a pitch for japan. nobody wants japan except japan is up 20% year-to-date. >> it is, but -- >> it is in a recovery. >> the demographics are terrible. they're coming...
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May 25, 2012
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we brought up china earlier. china is deteriorating. their imports of semiconductors and iron ore and coal. you don't want to mess around with semiconductor companies. apple, keeping with the theme of cheap relative price to earnings and with the theme of best in breed. if you are going anywhere, picking individual stocks, a company like apple interesting. couples that are build the cloud, making the processes cheap. making the way of doing business cheap, that's you what want to stick with. again, saving money, you want to look for ways to cust costs. >> and one final idea as we go to break here. >> we have a neutral on apple. we'll pie check. our analyst is concerned about the pays of subsidies going forward and not that apple is not a super attractive company from a retailing and product standpoint, but i think sort of we're a little concerned about whether or not the pace of subsidies will continue, and if that's accurate, then there is a real concern about the stock going forward. >> let's clarify for viewers going forward. they mi
we brought up china earlier. china is deteriorating. their imports of semiconductors and iron ore and coal. you don't want to mess around with semiconductor companies. apple, keeping with the theme of cheap relative price to earnings and with the theme of best in breed. if you are going anywhere, picking individual stocks, a company like apple interesting. couples that are build the cloud, making the processes cheap. making the way of doing business cheap, that's you what want to stick with....
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Jul 2, 2012
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also happening in europe and china. are these weak numbers a spill over from bad economies elsewhere? here is macro chief investment officer don luskin and macro strategy president david goldman. that's confusing. isn't it? don luskin, friday is really the day i want to talk about. was that justified? >> absolutely justified. you know, another day, another summit in europe. this was different. they were on the verge of making a bad systemic mistake. it gets into technicalities maybe a lot of viewers won't understand but they are important. when they did the spanish bank bailout promising $100 million to bail out troubled banks the hundred billion in bailout securities were supposed to become senior to all other spanish sovereign debt. that's like asking everyone who owns spanish debt already to take a haircut, to basically have holdings junked. let me show you how stupd this is. do you know who the biggest holders of spanish debt are? the same banks they are trying to bail out. if n the act of bailing them out they make
also happening in europe and china. are these weak numbers a spill over from bad economies elsewhere? here is macro chief investment officer don luskin and macro strategy president david goldman. that's confusing. isn't it? don luskin, friday is really the day i want to talk about. was that justified? >> absolutely justified. you know, another day, another summit in europe. this was different. they were on the verge of making a bad systemic mistake. it gets into technicalities maybe a lot...
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Mar 13, 2012
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now about 7% of that is housed in china. if you want to get access, you basically have to move your manufacturing to the chinese. you have to be in chinese territory in order to get access. we need to play fair kind of dialogue. i don't think trade war is the right way to go at all. i think going to court and working through the w.t.o. -- >> no, no. i'm saying there's not a trade war. that was an absolute key part of my xooent comment. let me be clear about this. i'm opposed a trade war. let me bring in steechb fenwick. what i'm suggesting is the w.t.o., word trade organization, is a trade court. it's a process. if we have a complaint, let's take it there. we had a system lar complaint a couple of years ago along with europe on chinese industrial commodities. we won that complaint. it's not a trade war, steven. i think it's an orderly process, and i think we should stand up for ourselves. >> absolutely. i totally agree with you, and i think the right course is to go to the w.t.o. we don't want 2r5id wars because it does nobo
now about 7% of that is housed in china. if you want to get access, you basically have to move your manufacturing to the chinese. you have to be in chinese territory in order to get access. we need to play fair kind of dialogue. i don't think trade war is the right way to go at all. i think going to court and working through the w.t.o. -- >> no, no. i'm saying there's not a trade war. that was an absolute key part of my xooent comment. let me be clear about this. i'm opposed a trade war....
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Apr 13, 2012
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don't also forget, loans are rising in china. money supply is rising in china. and i wouldn't get too bearish on it. i don't think it's a soft landing. i think it's an expanding economy. so we'll leave it there. now, as we've been saying on the show, we had a volatile roller coaster week here on wall street. monday down 131 points. tuesday off 214. wednesday up 89. thursday up 181. today down 137. all right. that is life. we have to cope with it. here now we bring in our expert investor, steven weiss of short hills capital and author of the new book "the big win." zach karabell of river twice research. and joining us for the first time on "the kudlow report," alec young, global equity strategist with s&p capital iq. in your honor, alec, is china doing better than we think, or am i just whistling dixie? >> well, i think it's probably somewhere in between. i think, you know, it's a manageable situation, but what we'd like to see is more comments around more bank reserve requirement cuts. we've seen a couple, as you mentioned. that's really jacked up lending. that'
don't also forget, loans are rising in china. money supply is rising in china. and i wouldn't get too bearish on it. i don't think it's a soft landing. i think it's an expanding economy. so we'll leave it there. now, as we've been saying on the show, we had a volatile roller coaster week here on wall street. monday down 131 points. tuesday off 214. wednesday up 89. thursday up 181. today down 137. all right. that is life. we have to cope with it. here now we bring in our expert investor, steven...
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Feb 4, 2012
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but i also agree in terms of china, we've been talking about china for a while. we do think there's a soft landing there. and so a combination of some global industrials, to your point, but then also -- >> favorite picks. be specific. >> so on the industrial side i like dover and i like eaton. in technology i still like the semiconductors very much. they're leading indicators and they've been very strong, but still cheap. like a broadcom is very cheap. and the apple derivative. financials, i still like the insurance companies. i like prudential a lot. and -- >> and last one. when do we break the all-time highs of october 2007? when, when, when? >> let's just take baby steps here. let's get excited about what we have here. >> baby steps p i want the vision thing. s with your vision thing tonight? >> we're just getting the ball rolling here. let's enjoy it. >> game changer, folks. that's all k say. stephen weiss, phil orlando and stephanie link. coming up on kudlow with the economy improving a zero interest rate from the fed seems absolutely absurd to me. does the
but i also agree in terms of china, we've been talking about china for a while. we do think there's a soft landing there. and so a combination of some global industrials, to your point, but then also -- >> favorite picks. be specific. >> so on the industrial side i like dover and i like eaton. in technology i still like the semiconductors very much. they're leading indicators and they've been very strong, but still cheap. like a broadcom is very cheap. and the apple derivative....
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Sep 28, 2012
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to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, you have to hear this late-breaking news. president obama blocked a chinese company from owning four wind farm projects in northern oregon. the reason -- apparently national security concerns. plus, our president has been touting his so-called new plan. he named it "patriotic economics." want a clue what it may be like? parlez vous fracais? . gop supporters can try to int blame clint eastwood's empty chair, media biased league polls, and video and in the end it could be mitt. that according to an southwesting piece in "politico" today. here's the co-author of the aforementioned piece, s
to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, you...
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Apr 25, 2012
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economic relations with china. he also took the community in that interview with me today to attack mitt romney's stance on wanting to declare china. currency manipulator saying it was a simplistic policy, have no effect in helping the economy. >> have you been covering presidential elections a good many years and cove it very well. my question to you is can you recall a treasury second who was so political and so partisan? slamming glen hubbard, slamming mitt romney? usually those guys in that office don't do that. >> it's interesting. i need to check tran i want scripts and see if that's the case. i can't recall an episode. hank paulson in 2008. president bush wasn't running for re-election, it's a reflection of the season we're in. rhetoric sharp forever all sides, including those who sit near president obama within his government. >> john harwood, cnbc, portland, oregon. >>> next up, embattled governor scott walker tells us why he thinks he will win his recall election. life and death battle with unions. scott
economic relations with china. he also took the community in that interview with me today to attack mitt romney's stance on wanting to declare china. currency manipulator saying it was a simplistic policy, have no effect in helping the economy. >> have you been covering presidential elections a good many years and cove it very well. my question to you is can you recall a treasury second who was so political and so partisan? slamming glen hubbard, slamming mitt romney? usually those guys...
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Jun 8, 2012
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here i disagree with the china skeptics that there won't be an implosion. >> what's your favorite investment placement right now? >> i think u.s. equities are poised -- there was a letdown here in april and may on the idea, as zach says, the end of the world is here, a binair equation. germany has a lot of money. what they've got asking is for some government downsizing in the periphery. remember, greece said not us, we're not -- >> sometimes a rising tide can lift all -- >> i think the opportunity is huge. >> i agree with david, you just -- >> favorite investment. >> global equities and u.s. leveraged, but you do have to be careful in this market. >> thank you, gentlemen. great stuff. very interesting, buy america. up next on kudlow, mitt romney is in the market, and they are auditioning at today's conservative cpac meeting in chicago, so in a very cnbc way, if contenders like chris christy, should romney buy, sell or hold? our political market may have beens when we come back. k. financial consultation ttd# 1-800-345-2550 when companies try to sell you something off their menu ttd# 1-800-3
here i disagree with the china skeptics that there won't be an implosion. >> what's your favorite investment placement right now? >> i think u.s. equities are poised -- there was a letdown here in april and may on the idea, as zach says, the end of the world is here, a binair equation. germany has a lot of money. what they've got asking is for some government downsizing in the periphery. remember, greece said not us, we're not -- >> sometimes a rising tide can lift all --...
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numbers out of china. you know about china. looks like the numbers out there will be less than we thought. question, will there be enough profits to get us some kind of stock market rally? i'm talking u.s. profits and worldwide profits, mike holland. >> first of all, glad to see you're back, my friend. glad you're healthy, number one. number two, the answer is, yes, we'll have enough profit. that's a great way to describe it, larry. what we have is a situation where the slowing in the second quarter, beginning with china, europe is europe. it's a mess. the u.s. will have grudging growth. but companies have done reasonably well. i think we'll have continued negative announcements -- preannouncements coming out. we've got more this time than we had last quarter. i think this is probably later in terms of economic activity in china. probably the u.s. as well. i think we'll have slow grudging growth going through the end of the year with the companies able to make a reasonable amount of money. one final point. the valuation of the
numbers out of china. you know about china. looks like the numbers out there will be less than we thought. question, will there be enough profits to get us some kind of stock market rally? i'm talking u.s. profits and worldwide profits, mike holland. >> first of all, glad to see you're back, my friend. glad you're healthy, number one. number two, the answer is, yes, we'll have enough profit. that's a great way to describe it, larry. what we have is a situation where the slowing in the...
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Jul 20, 2012
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we are seeing the slow down in europe, in china. if uh you look at what commodities are doing, they are not confirming rallies in the market. we are not seeing lumber improve. we are not seeing copper improve. we are not seeing base metals improve and treasury should be selling off on rallies. it would indicate money coming out of bonds into stocks. that's not happening. investors are listening to rumors about healing in europe. we know it is not healing. qe is uncertain. >> as reagan used to say you have shown me the manure. where is the pony. i ask you, where is the light at the end of the tunnel? >> i'm optimistic. i think we'll have one more sell-off. we'll see tremendous opportunity in stocks. stocks are more nimble, lean and mean. sometime this fall we'll see opportunity. >> all right. thank you, jim. great way to end it. trading the globe with amanda drury and tim seymour next. thanks for watching. see you monday. [ male announcer ] it would be easy for u.s. olympian meb keflezighi to deposit checks at the nearest citibank br
we are seeing the slow down in europe, in china. if uh you look at what commodities are doing, they are not confirming rallies in the market. we are not seeing lumber improve. we are not seeing copper improve. we are not seeing base metals improve and treasury should be selling off on rallies. it would indicate money coming out of bonds into stocks. that's not happening. investors are listening to rumors about healing in europe. we know it is not healing. qe is uncertain. >> as reagan...
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and things are slowing down and china's -- >> you cover the international beat also. are you worried about the french election, the spanish election, the spanish government, and the dutch election and the greece election? >> larry, i spoke to the man who brought down the dutch government this week. he told me he thinks spain's bankruptcy is a matter of weeks. spain is not italy. they don't have any brand names to sell. they don't have any national assets. they have a very bad banking system. so spain will bring the eurozone down at some point. but they'll kick the can down the road. it's not something that the american investors will hear about yet, but it is something to worry about three to six months from now. >> just a quickie on jobs. jobs are jobs, the whole world is watching. what are the parameters of tomorrow for terms of bullish or bearish. >> the whisper numbers are 120,000, flat with last month. i think if it comes in 120,000, maybe you're okay because then the qe-3 camp says victory. if you get a number close to 100,000, qe-3's not going to help at all. >
and things are slowing down and china's -- >> you cover the international beat also. are you worried about the french election, the spanish election, the spanish government, and the dutch election and the greece election? >> larry, i spoke to the man who brought down the dutch government this week. he told me he thinks spain's bankruptcy is a matter of weeks. spain is not italy. they don't have any brand names to sell. they don't have any national assets. they have a very bad...
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Apr 10, 2012
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discuss china. we're still growing, and the arithmetic is, have you a nearly 8% operating earnings yield in the s & p 500, hard-core earnings, don't need growth to blow away i 2% treasury yield. they need growth and that's where they are going to be. that is solid, and alcoa shows it. china, a lot of mixed signals, but the most important is that the hard numbers we have, the iron ore, copper, coal and oil are still extremely strong. that economy will grow 7%, 8%, raw materials and energy which got -- >> come back and buy the raw materials. >> that's where you want to be a buyer right now. absolutely. >> constance, what is your reaction? and generically, are people still reacting to this jobs hangover? number one. some people told me that europe has an american jobs hangover? they were closed yesterday, so they had to sell off today, or do you think something nastier is in store? >> i think people are very much overreacting to the jobs situation. look at the past two quarters, we grew 205,000 a month
discuss china. we're still growing, and the arithmetic is, have you a nearly 8% operating earnings yield in the s & p 500, hard-core earnings, don't need growth to blow away i 2% treasury yield. they need growth and that's where they are going to be. that is solid, and alcoa shows it. china, a lot of mixed signals, but the most important is that the hard numbers we have, the iron ore, copper, coal and oil are still extremely strong. that economy will grow 7%, 8%, raw materials and energy...
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Mar 7, 2012
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we're not seeing it in china. you are looking at europe in a recession that's getting potentially worse. you can understand why there's some worry out there. you are just looking for what's going to drive us higher from here. it's hard to find. >> kelly disagree with me. i still think we're running closer to 3%. i don't want to cheerlead the economy. i'm just looking ism's above 50. those car sales. doug, what about profits and pristine corporate balance sheets and the fact that the u.s. federal reserve and the ecb and the bank of china and the bank of japan, you've all got easy money wherever i look, and i'm glad that gold is falling and the dollar is rising. that means it's not inflationary. what's wrong with that scenario, doug? >> that's a very -- >> how bearish have you become? >> sir larry, i discussed on "fast money" and on barron's on saturday i expect a garden variety 5% or 6% decline, but remember, many stocks will decline 10% or 15%. i think the key question that investors have to ask themselves is in l
we're not seeing it in china. you are looking at europe in a recession that's getting potentially worse. you can understand why there's some worry out there. you are just looking for what's going to drive us higher from here. it's hard to find. >> kelly disagree with me. i still think we're running closer to 3%. i don't want to cheerlead the economy. i'm just looking ism's above 50. those car sales. doug, what about profits and pristine corporate balance sheets and the fact that the u.s....
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Mar 10, 2012
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if china's doing better and the u.s. is doing better and we're creating more jobs here, why are these cyclical growth industries not doing better? >> well, hold on, china's not doing better. they're doing okay. they might be doing better than expectations. but they're not doing better. they revised the numbers downward, and we're seeing numbers -- revised downward across the globe. brazil is easing. the ecb is easing. the bank of england is easing. u.s. we're still easing. if things are so hot and really improving so much, why is everybody in the world easing? >> that sounds great. if they're all easing, isn't that good? >> it is. it's good for stocks. >> in the long run it's probably terrible, but in the short run it's probably good. yes? >> i agree. but this notion that growth is better than expectations, it's actually coming in below expectations in both china and europe. so i think we have to be very careful here. >> i think china's coming in the -- >> we're coming in from a bottom. we revised so downward in the q4,
if china's doing better and the u.s. is doing better and we're creating more jobs here, why are these cyclical growth industries not doing better? >> well, hold on, china's not doing better. they're doing okay. they might be doing better than expectations. but they're not doing better. they revised the numbers downward, and we're seeing numbers -- revised downward across the globe. brazil is easing. the ecb is easing. the bank of england is easing. u.s. we're still easing. if things are...
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Aug 16, 2012
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listen. >> president obama promised he'd stop these practices, would go to the mat with china. instead, they are treating him like a doormat. >> speaking of ryan, one of the first things he said this morning was a jab at vice president joe biden. there were calls, including from senator john mccain that the president considered removing joe biden from the ticket and replacing him with someone else, maybe even including secretary of state hillary clinton. jay carney was asked about it. he said of all the people to get advice from on a vice presidential nominee he said is not john mccain. larry, back to you. >> many thanks to ron mott. poor john mccain. here is an interesting statistic. obama's ratings on the economy are significantly worse than all three prior successful presidential incull bents at the same point in their first term. a full 60% of americans polled disapprove of the way the president is handling the economy. certainly not good news for obama, but all the more reason for romney and ryan to dispense with the distractions and make the economy issue number one on th
listen. >> president obama promised he'd stop these practices, would go to the mat with china. instead, they are treating him like a doormat. >> speaking of ryan, one of the first things he said this morning was a jab at vice president joe biden. there were calls, including from senator john mccain that the president considered removing joe biden from the ticket and replacing him with someone else, maybe even including secretary of state hillary clinton. jay carney was asked about...
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anything about china, neel. but i think their numbers lie. if we are growing at 1% gdp how good can our profits be? i will give you the last word. >> i think it is very company specific. i'm cautious about the broad equity market as a whole. we think there are individual companies tied to consumers trying to save. companies like walmart we have talked about before. spirit airlines that can continue to do well in this moderate economic environment. >> do you buy this tech list? these are stocks that have done well. intel, cisco, ibm, hp and microsoft. do you buy the tech play? it's a global growth play, it seems to me. >> it is. some of the names like microsoft, intel we have owned for a long time. we continue to own them because they are good long-term stories globally. >> thank you very much. up next, the midwest drought, the worst in decades. likely to push american and global food prices sharply higher. more on that plus other breaking news headlines. we'll be right back. home protector plus, from liberty mut
anything about china, neel. but i think their numbers lie. if we are growing at 1% gdp how good can our profits be? i will give you the last word. >> i think it is very company specific. i'm cautious about the broad equity market as a whole. we think there are individual companies tied to consumers trying to save. companies like walmart we have talked about before. spirit airlines that can continue to do well in this moderate economic environment. >> do you buy this tech list? these...
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Jan 31, 2012
01/12
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how does china look? >> well, china is maybe starting to loosen up again. they tried to cool things off for two-and-a-half years, somewhat successfully. they have gotten inflation down. they have broken their real estate bubble. i am not buying any china yet. but it looks like it might be about time to buy again, to my surprise. i was hoping for another collapse in the stock market before i buy. it may not happen. i may have to start buying sooner. >> besides china, what are you buying? >> well, i'm not buying anything right now, larry. i'm mainly looking out the window. i bought a little gold when it went down not long ago. i bought a little silver when it went down not long ago. but mainly i'm just looking out the window now and watching to see how things -- the stock market ran up a lot in january. and the commodities markets, as you know. so i'm just sitting here watching. you don't have to do something every day. on cnbc you have to do something every day. but i can just look out the windows lots of times. >> all right. i've got to talk about something
how does china look? >> well, china is maybe starting to loosen up again. they tried to cool things off for two-and-a-half years, somewhat successfully. they have gotten inflation down. they have broken their real estate bubble. i am not buying any china yet. but it looks like it might be about time to buy again, to my surprise. i was hoping for another collapse in the stock market before i buy. it may not happen. i may have to start buying sooner. >> besides china, what are you...
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Aug 28, 2012
08/12
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. >> another factor for our economy could be china. big story about china inventories expanding and a glut, real estate glut. how bad is the china story? >> there's a couple of things going on. their orders are weakening because europe is in a recession. their currency has begun to weaken. it's been strengthening now since 1994. and so really, and therefore that means u.s. wizes are going to feel different price levels coming out of china. so both of those are important to the u.s. >> huge risks on both sides. >> i call it crunch points that come to a head in september. in part, because the u.s. isn't proposing any solutions on the act says spending or tax side. it's been remarkable to me that the administration hasn't put forward any plan to fix the tax increases. >> has mitt romney put forward a credible plan? >> he's had a plan from the beginning. and it's very credible. i think what needs to be seen is, as president, can you really lead through that. remember, ronald reagan came in with good plans but it took lots of work to -- >>
. >> another factor for our economy could be china. big story about china inventories expanding and a glut, real estate glut. how bad is the china story? >> there's a couple of things going on. their orders are weakening because europe is in a recession. their currency has begun to weaken. it's been strengthening now since 1994. and so really, and therefore that means u.s. wizes are going to feel different price levels coming out of china. so both of those are important to the u.s....
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Oct 10, 2012
10/12
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but china's doing well. germany's exports -- china's were up 10% year over year in august. >> the doom and gloom is not wrong yet. >> germany's exports -- the u.s. are up 15% year-on-year. the people who know how to do things right still show strength and if they're unleashed -- >> i want to get -- unleash. that's the key word. president obama has kept a short leash on american business with his regulatory and tax threats. that's why this guy from florida today was going crazy. but mike holland, as an investor, how are you playing this? i see opportunities galore. i'm in a very optimistic mood tonight. but i'm laser-like focusing in. here's in election, there's a predict revolution right in front of our noses and a lot of times we don't see it. if that's remotely true, what are you buying? >> you have to own the biggest quality companies that are at the lowest possible prices given just what you talked about. having said that, i want to pile on with david's comments about the world economy. china, the second
but china's doing well. germany's exports -- china's were up 10% year over year in august. >> the doom and gloom is not wrong yet. >> germany's exports -- the u.s. are up 15% year-on-year. the people who know how to do things right still show strength and if they're unleashed -- >> i want to get -- unleash. that's the key word. president obama has kept a short leash on american business with his regulatory and tax threats. that's why this guy from florida today was going...
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Oct 22, 2012
10/12
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it's about defense budgets and even the china. >> coming up tonight, "the kudlow report." obama's last stand. he's got trouble in the polls. we'll check in live with john harwood next up. xt up. anncr: every president inherits few have faced so many. four years later... our enemies have been brought to justice. our heroes are coming home. assembly lines are humming again. there are still challenges to meet. children to educate. a middle class to rebuild. but the last thing we should do is turn back now. president obama: i'm barack obama and... i approve this message. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios >>> one hour and 15 minutes until the start of the third and final presidential debate. all right. cnbc's chief washington correspondent john harwood, he joins us now live from the debate site in boca raton, florida. all right, john. several people were saying this is president obama's custard's last stand. he's got to deliver big time if he's going to win this race. >> reporter: well, i wouldn'
it's about defense budgets and even the china. >> coming up tonight, "the kudlow report." obama's last stand. he's got trouble in the polls. we'll check in live with john harwood next up. xt up. anncr: every president inherits few have faced so many. four years later... our enemies have been brought to justice. our heroes are coming home. assembly lines are humming again. there are still challenges to meet. children to educate. a middle class to rebuild. but the last thing we...
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Jun 27, 2012
06/12
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we can handicap better or worse growth in china. we can't handicap what it means if the euro doesn't hold together in some way, shape or form. look, i think the expectation out of the e.u. summit are less than usual. they have to say we are creating a framework to do a few things. hopefully that's followed not far down the line by more actions by the ecb and around the banks. >> let's come back to the u.s. the banks did well and so forth and so on. can that last? is there enough growth in our economy, bob doll, are there enough profits that will be generated by the economy to sustain a stock market rally? >> i think only ifç we get som sort of advancement out of the european issue. look, u.s. growth is mediocre. it has been for quite some time. an advantage we have going forward is lower gas prices and some signs that housing is doing a bit better. those two things tell me the nay sayers that say we are headed back into recession land, i don't they're going to be right. >> we'll leave it there. bob doll, thank you very much. up ne
we can handicap better or worse growth in china. we can't handicap what it means if the euro doesn't hold together in some way, shape or form. look, i think the expectation out of the e.u. summit are less than usual. they have to say we are creating a framework to do a few things. hopefully that's followed not far down the line by more actions by the ecb and around the banks. >> let's come back to the u.s. the banks did well and so forth and so on. can that last? is there enough growth in...
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Oct 24, 2012
10/12
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china's being hurt a lot by europe and by the u.s. weakness, but they've found a way to get more of the growth to come from their consumers. and that's enough, people are celebrating in hong kong. so i think that is a stabilizing force in this global recession risk that we're in. and it's going to come down to what the actions -- how the u.s. actually deals legislatively with this tax increase. we can focus right down onto that and say, for example, after -- let's say president obama is re-elected. if his first words coming out of the block are that he'd like to have an extension of time in order to sort out some of the fiscal cliff, that would be very bullish. and vice versa. if governor romney wins and president obama says i'm willing to give you or grant you as i leave office an extension of time on the tax hike -- >> but he hasn't really said -- michelle, i don't want to politicize this whole thing, but so far, michelle, what we know, president obama has said he will not extend all the bush tax cuts for a second time. he did exten
china's being hurt a lot by europe and by the u.s. weakness, but they've found a way to get more of the growth to come from their consumers. and that's enough, people are celebrating in hong kong. so i think that is a stabilizing force in this global recession risk that we're in. and it's going to come down to what the actions -- how the u.s. actually deals legislatively with this tax increase. we can focus right down onto that and say, for example, after -- let's say president obama is...
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Jul 11, 2012
07/12
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but it tells me that the situation in china is even worse. and that tells me it's a good time to be cautious, barry knapp. >> i agree. i think that the net export channel is a huge problem for them. all they're doing is promulgating a further investment bust in areas like steel. it's absolutely inevitable that that happens. i agree with your former point, though, as well about fed policy not doing much of anything in this case. i think it's a long-term negative as well. i think we're going to flirt with that recession dynamic. i don't think we'll get one either. i would agree with your other guests. but i do think i would flirt with that in the coming month or so. >> on the china thing, it really depends on how they do their stimulus. if they do construction stimulus, that's probably not a good thing. they can also try to do consumption stimulus. they used to handout out cards to people. >> i love you, but they're pouring money into steel mills. central planning, socialist communist mistakes. that story read like a karl marx primer on the fro
but it tells me that the situation in china is even worse. and that tells me it's a good time to be cautious, barry knapp. >> i agree. i think that the net export channel is a huge problem for them. all they're doing is promulgating a further investment bust in areas like steel. it's absolutely inevitable that that happens. i agree with your former point, though, as well about fed policy not doing much of anything in this case. i think it's a long-term negative as well. i think we're...
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Jun 18, 2012
06/12
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warships from china. that also includes the very likely scenario where iran and china have already received permission to pass warships through the suez canal. to my knowledge this is alarming for the whole region, but especially israel. >> especially israel, john. but presumably especially israel this is completely counter to u.s. interest and u.s. efforts to unseat assad and syria. what's going on? what's obama going to do about this in the mano a mano discussion with putin at the g-20? >> quickly, back in the u.n. security council against libya, russia helped broker the deal and qaddafi was to accept internal exile. russia believes it was betrayed by the secretary of state, the u.n. ambassador and the obama administration. qaddafi's death told russia not to trust the u.s. there will be no climbing down on syria. russia intends to back the assad regime all the way. >> they have not lifted a finger to help us with iran. i never understood the business when president obama was talking to former president
warships from china. that also includes the very likely scenario where iran and china have already received permission to pass warships through the suez canal. to my knowledge this is alarming for the whole region, but especially israel. >> especially israel, john. but presumably especially israel this is completely counter to u.s. interest and u.s. efforts to unseat assad and syria. what's going on? what's obama going to do about this in the mano a mano discussion with putin at the g-20?...
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Jul 9, 2012
07/12
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china is facing a slow down. india and brazil disappointed so you need to focus on earnings coming from the united states. ford is doing well in north america. they have growing losses in europe. we have to focus the portfolio. >> if you have this falter. gdp growth. manufacturing drop below 50. >> first i would make the point although growth isn't as great as i thought it would be, we are still growing at a very slow pace. i think there are forces at work to drive the economy forward at a faster pace. i think what's happening in the housing area is a major one of those. what you've got is a developing shortage of housing. we have been building housing units in terms of single family and apartments at the rate of under 700,000 a year when household formations are a million to a million three. total housing starts were running 2 million at one point. >> all right. i can see the point on housing. housing looks better. so in terms of your buy america strategy, can you give us examples? what do you like? >> everythin
china is facing a slow down. india and brazil disappointed so you need to focus on earnings coming from the united states. ford is doing well in north america. they have growing losses in europe. we have to focus the portfolio. >> if you have this falter. gdp growth. manufacturing drop below 50. >> first i would make the point although growth isn't as great as i thought it would be, we are still growing at a very slow pace. i think there are forces at work to drive the economy...
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Jul 25, 2012
07/12
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that could include china, north korea. in other words, there is no clear american principles of democracy and free market capitalism that are being put out by the administration. your reaction? >> i my reaction is, first of all, look where the public is. the public gives the president high ratings for how he's handled foreign policy, specifically national security in what is a dynamic and challenging world out there. again, i come back to what i mentioned earlier. we have gone through several administrations. not one was successful in being able to track down terrorist number one which is osama bin laden, which this president did decisively. look at where we are in the world. he handled the libya situation. something you needed -- >> o come on. >> he did a great job with libya. he came into office with a war in iraq, in afghanistan. you look where we are three and a half, four years later. in all those situations he's held them extremely well. let's talk about mitt romney. this is a campaign of choices and contrasts. we ha
that could include china, north korea. in other words, there is no clear american principles of democracy and free market capitalism that are being put out by the administration. your reaction? >> i my reaction is, first of all, look where the public is. the public gives the president high ratings for how he's handled foreign policy, specifically national security in what is a dynamic and challenging world out there. again, i come back to what i mentioned earlier. we have gone through...